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Monthly Archives: July, 2023

BVLGARI Apologizes for Listing Taiwan as a Country, People’s Daily Demands Statement on Foreign Website

Italian luxury jewelry brand BVLGARI faced criticism on Tuesday (11th) for listing "China" and "Taiwan" side by side on its official website, treating Taiwan...

China Develops Valuation Robot Based on ChatGPT

China's capital market is in need of an AI technology revolution. Despite its 40 years of development, the Chinese capital market is still considered...

Ant Group and Tencent’s Billion-dollar Fines: Signals and Key Questions

Ant Group and Tencent have recently been fined billions of yuan, generating significant attention. On the evening of July 7th, the People's Bank of...

China’s apparel export market shows structural changes

Facing weakened global demand and increasing trade challenges, China's clothing export industry is actively exploring emerging markets, innovating trade models, stabilizing export volumes, and...

China to Restrict Semiconductor Material Exports, Goldman Sachs Urges $25 Billion Investment in Rare Earth Production

Mainland China recently announced that it will restrict the export of two key metal materials, gallium and germanium, used in semiconductors and new energy...

Alipay Releases 1H Data: Hong Kong Tops Outbound Travel Destinations

With the easing of post-pandemic travel restrictions, an increasing number of people from mainland China are choosing to travel abroad. On Thursday (6th), Alipay...

China Strikes Back against Western Sanctions! Export Controls on Gallium and Germanium Semiconductor Materials Effective from August

On Monday, the Chinese Ministry of Commerce and the General Administration of Customs issued a notice stating that, in order to safeguard national security...

Amazon Discontinues Kindle eBook Operations in China, Once Accounting for 40% of Global Market

In accordance with its pre-planned decision, American tech giant Amazon has officially halted its Kindle online service in China as of June 30. This...

Cross-border Payment Tool Thunes Expands into the Chinese Market, Applying for Third-party Payment License

Overseas cross-border payment platform Thunes is making its entry into the Chinese market and currently applying for a domestic third-party payment license in China....

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